Tungsten Share Discussion Threads

[1gw] 14/9/2017 09:37

Well, 1 day to go and I would say the excitement is definitely not palpable!

Still, low expectations mean a relatively low bar to surprise to the upside.

[edwardt] 12/9/2017 09:48

I got bored along time ago!

[1gw] 11/9/2017 09:36

I've got bored waiting I'm afraid and sold about 1/2 of mine for a profit of just a few %. I'll keep the other half for now hoping for good news from the AGM on adjusted EBITDA profitability and/or an anticipatory rise back towards 70p.

[dollarzpounds] 07/9/2017 12:36

" stuck in neutral " ???

[andrewdbl] 07/9/2017 11:43

No idea,

but I can say that given the '17 eps of -9.73,
the current broker '18 estimate- eps of -7.15

implies not much + ebitda between now and 30/04/18

[manics] 07/9/2017 11:29

I think he does it to help with the boredom!

[chemistdude] 07/9/2017 10:48

Odey rebalancing?

[edwardt] 31/8/2017 14:35

blow me a blue day. remind me to sell a few when it hits 70p as that is what seems to happen repeatedly...

[dollarzpounds] 30/8/2017 12:11

Anyone on here going to AGM ??

[andrewdbl] 18/8/2017 09:25

Will if I can get the time.

Want to see their eyes when I ask
'... exactly what month this calendar year are you going ebitda positive?'

because there are not that many left.

[chemistdude] 17/8/2017 11:24

Hi Andrew,

Probably won't be able to get time off this time round so likely giving it a miss this year. Are you going?

[andrewdbl] 16/8/2017 14:13

Thanks cd,

the power of google is with you.

going to the AGM?

[chemistdude] 16/8/2017 13:43

For any Man Utd fans, there's an interesting glass door review worth a read.

[dollarzpounds] 08/8/2017 11:05

I note they have chosen prophet rather than profit as their pseudonym? About the only thing they get right ! Let us hope Tungsten sees a similar upturn to plus 500 ? Our market cap is minuscule a little good news would go a long way ? Imo $$$$££££

[bs76] 08/8/2017 09:55

hxxps://www.shareprophets.com/views/30627/tungsten-corporation-keep-selling-at-61p

They mentioned in Dec 2016 that Tung will be out of cash by summer. :( Well summer is still not over yet :)

And I do remember Odey's death portfolio

hxxps://www.shareprophets.com/views/25819/the-odey-death-portfolio

Plus500 has crashed since dec .:)


Quote
"Tungsten (TUNG) has been a dreadful Odey call. As it may well run out of cash in 2017, the woes of Odey make it a compelling short. In a similar vein Odey is also the biggest institutional backer of PLUS500 (PLUS). Boy he does pick em."

[andrewdbl] 04/8/2017 12:57

EJ

+1

but ... Emphasis on calendar 17 and EBITDA > 0

No date for FCF > 0.
Suspect y/e 30/04/2020.

[andrewdbl] 04/8/2017 10:26

I would take a more nuanced view.

Options are (imo) are pretty much one way bets in the BOD's favour if

1- the company is making a profit
and
2- the things the company does is not in a steeply declining market.

at TUNG, (1) is not true.

[dollarzpounds] 04/8/2017 08:57

News today - anyone interested ??

[dollarzpounds] 03/8/2017 13:39

So we seem stuck forever in the 40-70p trading range ? In the opinions of those here Will the Ebitda positive announcement kick us North of it? If not then what will ?